The administrative state has increasingly grown powerful in day-to-day governance as the Congress, and the judicial branch has voluntarily ceded power over time. As a result, we have seen new regulations with minimum oversight and transparency. While the administrative state is an unavoidable consequence of our complex world, the administrative state must realign its interests with the public and the rule of law.

Recent deviations from sound, rules-based monetary policy have led to an uneven economic recovery. The Federal Reserve should return to a rules-based monetary policy in order to promote economic growth and stability.

America’s existing infrastructure hasn’t been built to deal with the natural disasters we’ll face this century. New and replacement infrastructure must be built to be resilient to future climate disruptions. While it may sound costly, the return to building resilient infrastructure will save more money in the long run.

Preventing insurers from pricing premiums based on risk unintentionally increases costs for everyone else in the marketplace. When healthy people refuse to purchase health insurance due to higher costs, it causes insurers to raise prices even further, further disrupting those who are left in the market.

Many people believe Social Security and Medicare are fully funded by payroll taxes. In reality, both programs are increasingly relying on regular tax revenue and ultimately more federal debt to stay afloat. Unless both programs are put on sustainable fiscal path, their ongoing expansion will crowd out all other government spending.

The unemployment rate is the percentage of unemployed workers in the total labor force. The economic models utilize the unemployment rate to explain short-term fluctuations and long-term trends, such as job loss and recession. This makes the unemployment rate important as it determines the health of the economy when establishing economic policies.

Hoover Institution Distinguished Research Fellow Macke Raymond responds to your questions related to charter schools. Margaret "Macke" Raymond has served as founder and director of the Center for Research on Education Outcomes (CREDO) at Stanford University since its inception in 1999.

Climate change is a divisive topic, but the conversation rarely moves past the issue of whether or not the Earth is warming. A more prudent approach would be to focus on the economic benefits and costs of proposed environmental policies. That way we make sure to spend our resources in the most effective way.

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